About this home
24+ acres, assemblage of two lots in City of Fort Myers, south of Colonial Blvd and south of to be built Costco, expanding from Metro Pkwy to Plantation Rd. Flexible MU (Mixed-Use) allows development of variety of Commercial as well as Residential uses, through PUD (Planned Unit Development) process. Costco closed on 55 acres north of this assemblage in May 2026 for $55m, at $1m/acre. MU (Mised Use): By virtue of its location in the comprehensive plan, it is the express intent of mixed use districts (MU) in newly developing areas to be as generous as possible in permitted uses while at the same time maintaining a clean, attractive community; therefore, anyone proposing to develop in a mixed use district (MU) shall follow the planned unit development district (PUD) requirements to assure well-planned, quality developments with compatible uses and at the same time provide measures to mitigate negative impacts to the surrounding area. A plan amendment may be applied for when a planned unit development (PUD) is inappropriate or not applicable to a particular piece of land designated as mixed use.
Listing last checked: Listing updated:
Listed by Fred Kermani · NRT Commercial LLC · MLS #226028777
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Details at a glance
Interior1 property facts
- Rooms
- 0
Building1 property facts
- Style
- Unimproved Land
Land & utilities3 property facts
- Lot size
- 24.86 acres
- Water
- Public
- Sewer
- Public Sewer
Financial3 property facts
- Annual taxes
- $18,261
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $11,800,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$61,189 / monthAdjust
- Principal & interest
- $59,667
- Property tax
- $1,522
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $18,261. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 10501 & 10601 Metro Parkway
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